Configuring the Asian Infrastructure Investment Bank

Configuring the Asian Infrastructure Investment Bank

Author: Ian Tsung-Yen Chen

Publisher: Routledge

Published: 2020-12-29

Total Pages: 212

ISBN-13: 0429789513

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Studying the Asian Infrastructure Investment Bank (AIIB) through the lens of international relations (IR) theory, Chen argues that it is inappropriate to treat the AIIB as either a revisionist or a complementary institution. Instead, the bank is still evolving and the interaction of power, interests, and status that will determine whether the bank will go wild. Theoretically, the current shape of the AIIB will influence global strategic conditions and global perceptions of the bank itself, consequently affecting China’s level of dissatisfaction with its power and status in the international financial system and maneuvering in the AIIB. To empirically show that, this book presents the evolution of the AIIB, compares the bank with its main competitors in the Asia-Pacific region, and conducts ten comparative case studies to show how countries around the world have positioned themselves in response to the emergence of the AIIB. This book presents critical insights for scholars and foreign-policy practitioners to understand China’s surging influence in international organizations and how China can shape the world order. It should prove of interest to students and scholars of IR, strategic studies, China Studies, Asian Studies, developmental studies, economics, and global finance.


A Comparative Guide to the Asian Infrastructure Investment Bank

A Comparative Guide to the Asian Infrastructure Investment Bank

Author: Natalie G. Lichtenstein

Publisher: Oxford University Press

Published: 2018

Total Pages: 289

ISBN-13: 0198821964

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The Asian Infrastructure Investment Bank, first opened in 2016, is a 100 billion dollar multilateral development bank purpose-built to support infrastructure projects that enhance regional economic productivity. Its arms reach far: in its first two years, AIIB has financed transport systems such as national motorways in Pakistan, railways in Oman, and rural roads in India; energy projects including natural gas pipelines in Azerbaijan and hydropower plants in Tajikistan; and the redevelopment of impoverished areas in Indonesia. Initiated by China, its membership is global, with regional powers from Korea to Saudi Arabia, and key players from Europe, Africa, and Latin America. In a text that will appeal to general readers and legal specialists alike, Natalie Lichtenstein examines the Bank's mandate, investment operations, finance, governance, and institutional set up, as well as providing detailed analyses of the similarities and differences it has with other development banks - charting AIIB's story so far and anticipating its future.


Institutional Balancing in the Asia Pacific

Institutional Balancing in the Asia Pacific

Author: Kai He

Publisher: Taylor & Francis US

Published: 2009

Total Pages: 224

ISBN-13: 041546952X

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This book examines the strategic interactions among China, the United States, Japan, and Southeast Asian States in the context of China’s rise and globalization after the cold war. Engaging the mainstream theoretical debates in international relations, the author introduces a new theoretical framework—institutional realism—to explain the institutionalization of world politics in the Asia-Pacific after the cold war. Institutional realism suggests that deepening economic interdependence creates a condition under which states are more likely to conduct a new balancing strategy—institutional balancing, i.e., countering pressures or threats through initiating, utilizing, and dominating multilateral institutions—to pursue security under anarchy. To test the validity of institutional realism, Kai He examines the foreign policies of the U.S., Japan, the ASEAN states, and China toward four major multilateral institutions, Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian Nations (ASEAN) Regional Forum (ARF), ASEAN Plus Three (APT), and East Asian Summit (EAS). Challenging the popular pessimistic view regarding China’s rise, the book concludes that economic interdependence and structural constraints may well soften the "dragon’s teeth." China’s rise does not mean a dark future for the region. Institutional Balancing in the Asia Pacificwill be of great interest to policy makers and scholars of Asian security, international relations, Chinese foreign policy, and U.S. foreign policy.


Configuring the Asian Infrastructure Investment Bank

Configuring the Asian Infrastructure Investment Bank

Author: Ian Tsung-Yen Chen

Publisher: Routledge

Published: 2020-12-30

Total Pages: 216

ISBN-13: 0429789505

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Studying the Asian Infrastructure Investment Bank (AIIB) through the lens of international relations (IR) theory, Chen argues that it is inappropriate to treat the AIIB as either a revisionist or a complementary institution. Instead, the bank is still evolving and the interaction of power, interests, and status that will determine whether the bank will go wild. Theoretically, the current shape of the AIIB will influence global strategic conditions and global perceptions of the bank itself, consequently affecting China’s level of dissatisfaction with its power and status in the international financial system and maneuvering in the AIIB. To empirically show that, this book presents the evolution of the AIIB, compares the bank with its main competitors in the Asia-Pacific region, and conducts ten comparative case studies to show how countries around the world have positioned themselves in response to the emergence of the AIIB. This book presents critical insights for scholars and foreign-policy practitioners to understand China’s surging influence in international organizations and how China can shape the world order. It should prove of interest to students and scholars of IR, strategic studies, China Studies, Asian Studies, developmental studies, economics, and global finance.


Good Governance and Modern International Financial Institutions

Good Governance and Modern International Financial Institutions

Author:

Publisher: BRILL

Published: 2019-07-01

Total Pages: 278

ISBN-13: 9004408320

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This first volume of the AIIB Yearbook of International Law (AYIL), edited by Peter Quayle and Xuan Gao, is based upon the inaugural 2017 AIIB Legal Conference, both titled, Good Governance and Modern International Financial Institutions (IFIs). Following a Preface by the General Counsel of the AIIB and General Editor of AYIL, Gerard Sanders, and an Introduction by the Editors, this volume of AYIL draws upon expertise from other IFIs, international law and governance practitioners, and eminent academics. It is divided into three parts to reflect a series of dimensions to the good governance of IFIs. Firstly, the role of the membership of IFIs as expressed through their executive governance organs. Second, the legal basis of governance of IFIs. And third, the interaction around governance between IFIs and external stakeholders. This volume concludes with the text of the 2017 AIIB Law Lecture, delivered by the United Nations Under-Secretary-General for Legal Affairs and Legal Counsel, Miguel de Serpa Soares on the subject of ‘The Necessity of Cooperation between International Organizations’ and a summary report on the proceedings of the 2017 AIIB Legal Conference. The first volume of AYIL was launched at the Annual Meeting of the Board of Governors of the AIIB in Mumbai, India, June 2018.


The Asian Infrastructure Investment Bank

The Asian Infrastructure Investment Bank

Author: M. Wan

Publisher: Springer

Published: 2016-04-29

Total Pages: 149

ISBN-13: 1137593873

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This book assesses the strategic significance of the Asian Infrastructure Investment Bank (AIIB) by examining the logic of international power and order, historic trends in East Asian international relations, the AIIB's design in comparison to 'rival' financial institutions such as the World Bank and the Asian Development Bank, recent tendencies in Chinese foreign policy, and the Chinese system of political economy. It focuses on how China 'constructs' international arrangements at a critical juncture in history compared to other great powers, especially the United States and Japan. Viewed in isolation, the AIIB does not represent a radical departure from the existing international order; it is a hybrid institution built on China's integration into the West-dominated international structure and conditioned by the global financial market. But the AIIB does draw in part from a different institutional lineage, a different historical root, and a different national system of political economy. In this context, China's greater success will constitute a partial change to the existing international order, whatever the Chinese intention.


Asian Infrastructure Investment Bank

Asian Infrastructure Investment Bank

Author: Masahiro Kawai

Publisher:

Published: 2015-07-31

Total Pages: 60

ISBN-13: 9780996656702

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Views from China, Japan and the United States on the creation of AIIB and its impact on existing multilateral institutions as well as its implications for China's global role.


China's Economic Statecraft: Co-optation, Cooperation And Coercion

China's Economic Statecraft: Co-optation, Cooperation And Coercion

Author: Mingjiang Li

Publisher: World Scientific

Published: 2017-03-16

Total Pages: 327

ISBN-13: 9814713481

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This book aims to study China's economic statecraft in the contemporary era in a comprehensive manner. It attempts to explore China's approaches to using its economic, trade, investment, and financial power for the pursuit of its political, security, and strategic interests at the regional and global levels. The volume addresses three major issue areas in particular. The first issue pertains to how Beijing has used its economic clout to protect what it perceives as its 'core interests' in its external relations. Three cases are included: the Taiwan issue, human rights, and territorial dispute in the South China Sea. The second major area of inquiry focuses on how China has employed its economic power in its key bilateral relations, including relations with Japan, North Korea, the United States, and other states in the East Asian region. The third issue concerns China's economic statecraft in the global context. It addresses the impacts of China's economic power and policy on the transformation of the global financial structure, developments in Africa, the international intellectual property rights regime, and China's food security relations with the outside world.


Understanding Global Cooperation

Understanding Global Cooperation

Author: Kurt Mills

Publisher: Brill

Published: 2021-06-17

Total Pages: 544

ISBN-13: 9789004462595

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The journal 'Global Governance: A Review of Multilateralism' was founded in 1995 and has since offered policy-relevant and theoretically advanced articles aimed at both academic and practitioner audiences. This collection presents some of the most significant pieces published in the journal, addressing topics ranging from human rights and peacekeeping to trade and development - often examining the evolution of the institutional arrangements themselves. Authors include senior UN officials, prominent scholars, and other careful students of international organization. By presenting these twenty-five articles - one from each year since the journal?s founding - in one volume (with an Introduction by by the two editors Kurt Mills and Kendall Stiles) we hope that the reader will be able to better appreciate the evolution of both global institutions and our thinking about them.


From Global Savings Glut to Financing Infrastructure

From Global Savings Glut to Financing Infrastructure

Author: Mr.Rabah Arezki

Publisher: International Monetary Fund

Published: 2016-02-09

Total Pages: 47

ISBN-13: 1475591837

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This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called “infrastructure investment platforms” are an attempt to tap into the pool of both public and private long-term savings in order to channel the latter into much needed infrastructure projects. This paper puts these new initiatives into perspective by critically reviewing the literature and experience with public private partnerships in infrastructure. It concludes by identifying the main challenges policy makers and other actors will need to confront going forward and to turn infrastructure into an asset class of its own.